Tariffs on China, Mexico, and Canada are bringing down stock prices, which is creating an opportunity to buy this excellent stock at a lower cost.*Stock prices used were the afternoon prices of March 2, 2025. The video was published on March 4, 2025. ...

Uber said Wednesday (March 5) that it is now offering rides in autonomous vehicles in Austin, Texas, and will later do the same in Atlanta.Riders who opt in for this offering on the Uber app in Austin could be matched with an autonomous vehicle from Waymo, Uber said in a Wednesday press release.“With Waymo’s technology and Uber’s proven platform, we’re excited to introduce our customers to a future of transportation that is increasingly electric and autonomous,” Uber said in the release.Riders who request a ...

Core Insights - Tesla is set to launch its robotaxi service in Austin this summer, utilizing its unsupervised Full Self-Driving software [1] - Uber will also offer autonomous ride-hailing services in Austin through a partnership with Alphabet's Waymo [2] - Uber's CEO warns that demand for ride-sharing can be variable, which is why they have opted for partnerships rather than going solo [3] Tesla's Position - Tesla's stock value heavily relies on the success of its autonomous driving and ride-sharing initiatives, marking a critical moment for the company [4] - The launch of a ride-sharing service involves more than just deploying vehicles; it requires effective demand generation and supply-side management [5][6] - Fleet management poses significant risks, as idle vehicles during off-peak hours could lead to substantial capital investment without guaranteed returns [7] Competitive Landscape - Uber boasts 171 million monthly active users, providing a substantial user base compared to smaller competitors [9] - Uber's model allows for high utilization rates of its autonomous fleet by integrating human drivers and dynamic pricing strategies [9][10] - Waymo adopts a conservative approach, testing various partnerships and scaling its service gradually, contrasting with Tesla's high-risk strategy [14][15] Investor Considerations - Tesla's willingness to invest in a fleet to meet peak demand could yield long-term benefits, especially given the strong demand from Tesla enthusiasts [12] - Current stock prices reflect high expectations for Tesla's earnings growth as the robotaxi service launches, trading at over 100 times forward earnings estimates [13]

Core Insights - Uber Technologies is a leading player in the gig economy, having transformed transportation since its inception in 2009, with its brand becoming synonymous with ride-hailing [1] - Uber's stock has seen a significant increase of 128% over the past two years, although it remains 12% below its peak from October of the previous year [2] Group 1: Competitive Advantage - Uber benefits from a strong network effect, where the value of the service increases as more users join, leading to lower wait times and better pricing for riders, while drivers benefit from a larger pool of demand [3][4] - With 171 million monthly active users, over 7 million drivers and couriers, and a gross booking value of $163 billion projected for 2024, Uber holds a formidable competitive position [4] Group 2: Earnings Growth - Uber's revenue has grown at an annual rate of 36.1% over the past three years, driven by market expansion and customer acquisition [5] - A significant portion of the U.S. population remains untapped, with 90% of adults over 18 having never used Uber, indicating substantial growth potential [5] - The company is leveraging data collection to create new revenue streams, particularly in advertising, which could enhance profitability [6] Group 3: Profitability and Valuation - Uber's operating margin improved to 6.4% in 2024, more than doubling from 3% in 2023, indicating effective scaling and high-margin potential as revenue increases [7] - Bill Ackman's hedge fund anticipates an average earnings per share (EPS) growth of 30% annually over the next several years, reflecting confidence in Uber's financial trajectory [8] - The current forward price-to-earnings ratio of 23.2 aligns with the S&P 500, suggesting that the stock may be attractively valued given the expected EPS growth [9]

Summary of Key Points from the Conference Call Industry Overview - The conference call discusses the global online food delivery industry, focusing on Just Eat Takeaway (TKWY) and its potential acquisition by Prosus for €4.1 billion (€20.3 per share) [1][11]. Company-Specific Insights Just Eat Takeaway (TKWY) - TKWY processed 92 million orders in 2023 and operates in approximately 20 countries, holding leadership positions in several key markets [25]. - The company sold its US business, GrubHub, in January 2025, indicating a strategic shift [25]. - A Buy rating is assigned to TKWY, with a target price of €21 based on a DCF valuation [28][26]. - Risks include integration and execution challenges from M&A, competitive market pressures, and potential profit volatility from expansion efforts [29]. Prosus N.V. - Prosus is positioned as a significant player in the online food delivery sector, with a portfolio that includes Tencent and Delivery Hero [30]. - A Buy rating is assigned to Prosus, with a target price of €48 based on a sum-of-the-parts (SOTP) valuation [32]. - Risks include performance of listed assets, currency fluctuations, and regulatory challenges [34]. Delivery Hero (DHER) - Delivery Hero is noted as the largest global player in online food ordering, processing 3 billion orders in FY21 [16]. - A Sell rating is assigned to DHER due to concerns over competitive pressures in the MENA region and potential margin constraints [17]. - Target price for DHER is set at €26, based on a blend of DCF and SOTP valuations [18]. DoorDash (DASH) - DoorDash holds a 65% share of the US food delivery market and has a Buy rating with a target price of $240 [22][23]. - The company is focused on expanding into new verticals like grocery and convenience, leveraging its existing user base [22]. - Risks include competition, regulatory challenges regarding gig worker classifications, and execution risks related to growth investments [24]. Uber Technologies, Inc. - Uber is rated as a Buy, with a target price of $92, benefiting from a recovery in mobility and strong demand in delivery services [36][37]. - The company is expanding its service offerings beyond food delivery to include grocery and convenience items [36]. - Risks include macroeconomic factors, competition, and regulatory challenges [38]. Competitive Landscape - The call highlights potential bidders for TKWY, including DoorDash, Uber, and Meituan, but suggests that regulatory risks and strategic focuses may limit their interest [1][3][4][5]. - Significant geographic and shareholder overlaps among competitors could pose regulatory challenges for potential mergers [11][12]. Conclusion - The conference call provides a comprehensive overview of the competitive dynamics within the online food delivery industry, focusing on key players like Just Eat Takeaway, Prosus, Delivery Hero, DoorDash, and Uber. The insights into company strategies, valuations, and risks present a nuanced understanding of the market landscape and potential investment opportunities.

Core Viewpoint - Bill Ackman, a prominent hedge fund manager, has invested significantly in Uber, believing it to be one of the highest quality businesses globally, with a focus on its strong growth potential and operational efficiencies [3][4][5]. Company Overview - Pershing Square Capital Management, led by Ackman, has acquired over 30 million shares of Uber, amounting to a $2.4 billion stake as of February 21, 2024 [3]. - Uber's operating margin improved to 6.4% in 2024, more than doubling from the previous year, which supports Ackman's projection of over 30% annual EPS growth in the coming years [5]. Financial Performance - Revenue growth for Uber is expected to be in the mid- to high-teens, driven by an increase in customer base and spending per customer [4]. - Consensus analyst estimates for Uber's 2025 EPS have increased by 21% over the past year, while the stock price has only risen by 3% [8]. Competitive Advantage - Uber's network effect creates a strong economic moat, allowing it to maintain a leading position in the industry by efficiently matching rider demand with driver capacity [6][7]. - As of December 31, 2024, Uber had 170 million active users and 8 million drivers across 70 countries, enhancing its operational efficiency [7]. Future Outlook - Ackman believes that advancements in autonomous vehicle (AV) technology pose a long-term threat but sees Uber as a key partner for AV companies due to its established consumer relationships [9][10]. - Collaborations with companies like Tesla or Alphabet's Waymo could facilitate quicker adoption of AV technology through Uber's existing platform [11].

" 特斯拉的 Robotaxi 不会从 Uber 手中夺取大量市场份额。 " 特斯拉2024 年的销量（180 万辆）与 2023 年（也是 180 万辆）相比没有增长。记忆力较好的 人记得，特斯拉曾宣称到 2030 年每年交付 2000 万辆汽车，但在2024 年 5 月悄悄删除了这一 既定目标。 作者 | Oriental Trader 编译 | 华尔街大事件 自 2025 年 1 月 2 日以来，特斯拉公司 ( NASDAQ：TSLA )的股价已下跌约 10% ，从每股 380-390 美元跌至 2025 年 2 月 21 日的 337 美元/股，远低于 2024 年圣诞节前后每股 490 美 元的高点。 特斯拉的 Robotaxi 不会从 Uber ( UBER ) 手中夺取大量市场份额。 一旦市场意识到 Robotaxi 的故事不太可能大幅推动特斯拉的增长故事，特斯拉的市值应该会恢复到与其他汽车 公司相当的水平。 | | | | Market cap Global Auto sales (in mn) Net margins (%) Revenue (bn) Net income (bn) | | ...

Core Viewpoint - The article discusses the investment position of Parkev Tatevosian, CFA, and mentions the involvement of The Motley Fool with Uber Technologies, highlighting potential conflicts of interest in investment recommendations [1] Group 1 - Parkev Tatevosian has no position in any of the stocks mentioned [1] - The Motley Fool has positions in and recommends Uber Technologies [1] - Parkev Tatevosian is an affiliate of The Motley Fool and may receive compensation for promoting its services [1]

Core Viewpoint - Uber's CEO expresses a desire to collaborate with Tesla on robotaxis, despite Tesla's current preference to operate independently [1][3][7] Group 1: Uber's Strategy and Partnerships - Uber has initiated an "interest list" for Austin users to be the first to experience Waymo robotaxis through the Uber app [2] - Uber is currently partnering with Waymo in Austin and plans to compete with Tesla's autonomous vehicle offerings [7] - The company has faced investor pressure to enhance its autonomous vehicle strategy, with shareholders closely monitoring developments in the self-driving sector [6][9] Group 2: Tesla's Position and Challenges - Tesla aims to create its own ride-hailing platform that combines features of Uber and Airbnb, allowing users to summon driverless cars [3] - Analysts suggest that Tesla may struggle to scale its robotaxi operations without a partnership with platforms like Uber or Lyft, highlighting potential obstacles such as technology, regulation, and demand management [4][5] - Independent analysts have criticized Tesla's robotaxi ambitions, comparing them unfavorably to competitors like Waymo, which already transports a significant number of customers [5] Group 3: Market Reactions and Stock Performance - Following Waymo's announcement of its expansion to Miami without mentioning Uber, Uber's stock dropped by 10% [8] - Uber's stock has seen a recovery, increasing over 30% this year, despite challenges posed by competitors [9]

Core Viewpoint - Investors are encouraged to consider investing in Uber Technologies due to improving earnings estimates and positive stock momentum [1][7]. Estimate Revisions - There is a rising trend in earnings estimate revisions for Uber, reflecting growing analyst optimism about the company's earnings prospects [2]. - The consensus earnings estimate for the current quarter is $0.51 per share, representing a significant increase of +259.38% from the previous year [4]. - For the full year, the expected earnings are $2.54 per share, which is a decrease of -44.3% from the prior year, but there has been a positive trend with 13 upward revisions against two downward revisions, resulting in a 5.45% increase in the consensus estimate [5]. Zacks Rank - Uber currently holds a Zacks Rank 2 (Buy), indicating favorable estimate revisions and a strong potential for stock performance [6]. - Stocks with Zacks Rank 1 (Strong Buy) and 2 (Buy) have historically outperformed the S&P 500 [6]. Stock Performance - The stock has gained 19% over the past four weeks, driven by solid estimate revisions and positive earnings growth prospects [7].